Binance, the world’s largest cryptocurrency exchange, will discontinue its mining pool and related services on November 10, 2026. The decision will affect Binance Pool, Pool Savings, Cloud Mining, Transaction Accelerator, and associated features, including mining pool APIs, Telegram hashrate alerts, and email notifications.
The exchange announced the move on October 13, citing an ongoing review of its products and services. However, Binance has not provided a specific reason for the closure.
Binance Pool Services to End on November 10
Binance Pool-related services will be discontinued at 07:00 UTC on November 10. At that time, the exchange will disconnect mining connections and disable its Stratum URLs and mining endpoints.
Hashrate submissions and mining shares received after the deadline will no longer be accepted, processed, or credited. The affected products will stop generating new rewards, yield or other service benefits.
Binance said it would process eligible outstanding rewards, balances, refunds, and settlements after the shutdown, subject to applicable product rules, account status, risk controls, compliance checks, and applicable laws. Eligible mining shares submitted before the deadline will be included in the final reward calculation under existing rules.
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What Binance Users Need to Do
Binance has advised miners to disconnect from Binance Pool and redirect their mining equipment to another pool before November 10, 07:00 UTC, to avoid interruptions.
Users holding active Pool Savings positions should unsubscribe or redeem them before the service ends. They must also ensure their accounts can receive eligible remaining rewards, refunds, or settlements, including completing any required identity verification by 23:59 UTC on November 10.
The exchange will remove Binance Pool links from its homepage on November 10. However, users will retain access to the pool's pages for 14 days, until November 24, 07:00 UTC, to view historical data, account records and payout status, where available. The pages will then become permanently inaccessible.
Binance has also advised users to download or save relevant records, reports and transaction histories before access ends.
The closure marks a change for Binance Pool, which has provided cryptocurrency mining services since April 2020. The latest announcement does not indicate that Binance is discontinuing its main cryptocurrency exchange operations. Users requiring assistance with outstanding balances or account requirements can contact Binance Customer Support or consult its Help Center.